Bitcoin’s 4 Year Cycles Are Over w/ Rory Murray
The Mining Pod | Blockspace Media
Intro
Host and guest introductions, episode overview, and sponsor plugs from CleanSpark and FBOX before the conversation begins.
Click Here To Join the BitAxe Giveaway!
Welcome back to The Mining Pod! Today, Rory Murray, VP of digital asset management at CleanSpark, joins us to talk about the explosive markets we're seeing in late 2024, why he believes Bitcoin's four-year cycle is dead, and the secular trends that will define the next chapter of crypto. We dive deep into the debasement trade, record bitcoin ETF inflows, the intersection of macro and Bitcoin mining stocks, and what keeps a veteran trader up at night. Also, Rory shares his framework for navigating animal spirits and how they relate to Bitcoin's long-term trajectory.
**Notes:**
- SPX up 30 basis points daily since April
- Largest ever crypto ETF inflow week
- Q3 earnings 3x higher than analyst forecasts
- Four-year Bitcoin cycle thesis challenged
- Record institutional Bitcoin adoption
- CleanSpark operates across 4+ US states
Timestamps:
00:00 Start
02:24 Rory title upgrade
04:48 Traders
06:02 Good trading desks?
08:00 Where's the alpha?
13:01 Mining stock data sources
14:00 Stock & BTC ripping higher?
24:53 Debasement trade
28:09 Gold is back baby!
28:48 Monetary flows
31:55 Worries
👉CleanSpark, America's Bitcoin Miner!
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world.
👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation
FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute.
👉 Luxor, Leaders In Bitcoin Mining and Compute Power!
Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.
Learn more about your ad choices. Visit megaphone.fm/adchoices
The AI-powered Podcast Player
